Industry Overview
The Retail Sourcing & Procurement Market is expected to reach 10Billion by 2031 and is growing at a CAGR of 14% between 2023 to 2031.Retail Sourcing & Procurement Market Size in (USD Billion) CAGR Growth Rate 14%
| Study Period | 2019-2031 |
| Market Size (2023): | 4Billion |
| Market Size (2031): | 10Billion |
| CAGR (2023 - 2031): | 14% |
| Fastest Growing Region | Asia-Pacific |
| Dominating Region | North America |
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Sourcing and procural processes are designed to evaluate and have interaction suppliers for getting goods and services. It includes processes like outsourcing, insourcing, world sourcing, and strategic sourcing among others. high adoption of cloud-based applications and mobile applications supporting procurement and sourcing processes. The technological adoption in sourcing and procurement methods for retail business is resulting in exaggerated competition in retail business because of a low barrier for tiny niche corporations to enter within the market and rising online sourcing and procurable services because of geographic proximity.
The consumer goods market consists of various components, including product categories (durable and non-durable goods), distribution channels (retail stores, e-commerce, and wholesalers), and market segmentation based on demographics and consumer behavior. Marketing strategies, such as advertising and branding, play a crucial role in attracting consumers, while trends like sustainability and health consciousness influence purchasing decisions. Additionally, the regulatory environment impacts product development, and effective supply chain management ensures timely delivery. Pricing strategies must consider competition and consumer demand to optimize sales. Together, these elements shape the dynamics of the consumer goods market.
Market Segmentation
Selecting segmentation criteria in Oracle Corporation (United States), Zycus Inc. (United States), Sciquest (United States), Ivalua Inc. (United States), JDA Software Group (United States), SAP SE (Germany), GT Nexus (United States), IBM Corporation (United States), Proactis (United Kingdom) involves several key steps. Researchers begin by defining their objectives, such as understanding consumer behavior or identifying market opportunities. They then gather relevant data on demographics, psychographics, and buying behavior. Next, they identify segmentation variables like age, location, lifestyle, and purchase patterns. Using analytical tools, they analyze the data to find distinct market segments and evaluate their attractiveness based on size, growth potential, and alignment with business goals. Detailed profiles are created for each segment, and the most promising ones are selected for targeting. Finally, tailored marketing strategies are developed, and the performance of these strategies is monitored and adjusted as needed. This process ensures that segmentation effectively identifies valuable market opportunities and aligns with strategic goals.The North America Region holds a dominant market share, primarily driven by growing consumption patterns, a rising population, and robust economic activity that fuels market demand. Meanwhile, the Asia-Pacific Region is experiencing the fastest growth, propelled by increasing infrastructure developments, expanding industrial activities, and a surge in consumer demand, positioning it as a key driver for future market expansion.
Segmentation by Type
- Global
- Supply Chain
- Vendor
- Sourcing
Retail Sourcing & Procurement Market Segmentation by Type
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Segmentation by Application
- Retail
- logistics
- procurement
Retail Sourcing & Procurement Market Segmentation by Application
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Regional Insight
The Retail Sourcing & Procurement varies widely by region, reflecting diverse economic conditions and consumer preferences. In North America, the focus is on convenience and premium products, driven by high disposable incomes and a strong e-commerce sector. Europe’s market is fragmented, with Western countries emphasizing luxury and organic goods, while Eastern Europe sees rapid growth. Asia-Pacific is a fast-growing region with high demand for both high-tech and affordable products, driven by urbanization and rising middle-class incomes. Latin America prioritizes affordability amidst economic fluctuations, with Brazil and Mexico leading in market growth. In the Middle East and Africa, market trends are influenced by cultural preferences, with luxury goods prominent in the Gulf States and gradual growth in sub-Saharan Africa. Global trends like sustainability and digital transformation are impacting all regions.
The North America dominant region currently dominates the market share, fueled by increasing consumption, population growth, and sustained economic progress that collectively enhance market demand. Conversely, the Asia-Pacific is the fastest-growing that is rapidly becoming the fastest-growing region, driven by significant infrastructure investments, industrial expansion, and rising consumer demand.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia-Pacific
Dominating Region
North America
Key Players
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:
- Oracle Corporation (United States)
- Zycus Inc. (United States)
- Sciquest (United States)
- Ivalua Inc. (United States)
- JDA Software Group (United States)
- SAP SE (Germany)
- GT Nexus (United States)
- IBM Corporation (United States)
- Proactis (United Kingdom)
Retail Sourcing & Procurement Market Segmentation by Players
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Report Infographics:
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size 2023 | 4Billion |
| Historical Period Market Size 2019 | 2Billion |
| CAGR (2023to 2031) | 14% |
| Forecast Period | 2023 to 2031 |
| Forecasted Period Market Size 2031 | 10Billion |
| Scope of the Report | Global, Supply Chain, Vendor, Sourcing, Retail, logistics, procurement |
| Regions Covered | North America, Europe, Asia Pacific, South America, and MEA |
| Year-on-Year Growth | 11% |
| Companies Covered | Oracle Corporation (United States), Zycus Inc. (United States), Sciquest (United States), Ivalua Inc. (United States), JDA Software Group (United States), SAP SE (Germany), GT Nexus (United States), IBM Corporation (United States), Proactis (United Kingdom) |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
Retail Sourcing & Procurement Market Dynamics
The Retail Sourcing & Procurement is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade.Influencing Trend:
- Increased demand for efficient sourcing and procurement solutions in retail.
Market Growth Drivers:
- Need For Efficient And Effective Sourcing And Procurement Solutions For Rising Globalization And Growing Business Complexities
Challenges:
- Supply Chain Disruptions And Vendor Relationship Management.
Opportunities:
- Rising Government Investment In Supply Chain Automation And Increasing Retail Sourcing Requirements
Regulatory Framework
The regulatory framework for the Retail Sourcing & Procurement ensures product safety, fair competition, and consumer protection. It encompasses setting standards for product quality and safety, enforcing truthful advertising and labeling, and implementing environmental sustainability practices. Regulations include robust procedures for product recalls, data protection, and anti-competitive practices, while also overseeing import/export controls and intellectual property rights. Regulatory bodies enforce these rules through inspections and penalties, and consumer education programs help individuals make informed decisions. This framework aims to protect consumers, promote fair market conditions, and encourage ethical business practices.Competitive Insights
The key players in the Retail Sourcing & Procurement are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as Oracle Corporation (United States), Zycus Inc. (United States), Sciquest (United States), Ivalua Inc. (United States), JDA Software Group (United States), SAP SE (Germany), GT Nexus (United States), IBM Corporation (United States), Proactis (United Kingdom) are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation is driving significant advancements in product formulation and the introduction of sustainable and eco-friendly products.Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the consumer goods industry, as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the consumer goods industry. Companies are increasingly committing resources to sustainable practices and the development of environmentally friendly products. This green investment is in response to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green movement, thereby fueling market growth.
Research Methodology
The research methodology for the consumer goods industry involves several key steps to ensure comprehensive and actionable insights. First, the research objectives are clearly defined, focusing on aspects like consumer behavior, market opportunities, competitive dynamics, or regulatory impacts. A thorough literature review follows, drawing from academic journals, industry reports, government publications, and market analyses to establish a knowledge base and identify research gaps. Data collection encompasses both primary methods, such as surveys, interviews, and focus groups with consumers and industry experts, and secondary methods, including analysis of market reports, government data, and industry publications. Quantitative data is analyzed using statistical tools to identify patterns and market segments, while qualitative data from interviews and focus groups is examined to extract key themes and insights.
The market is then segmented based on demographics, psychographics, geography, and purchasing behavior, and competitive analysis is conducted to evaluate key players' strategies and strengths. Trend analysis identifies current and emerging industry trends. Findings are compiled into a detailed report with data visualizations and strategic recommendations. The research is validated and refined through cross-checking and expert feedback, and a framework for continuous monitoring is established to keep the research current and relevant.
Retail Sourcing & Procurement - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Retail Sourcing & Procurement Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Retail Sourcing & Procurement Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Retail Sourcing & Procurement Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Need For Efficient and Effective Sourcing and Procurement Solutions for Rising Globalization and Growing Business Complexities
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3.2 Available Opportunities
- 3.2.1 Rising Government Investment in Supply Chain Automation and Increasing Retail Sourcing Requirements
- 3.2.2 Rising Penetration of Smart Devices in Different Applications
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3.3 Influencing Trends
- 3.3.1 Increased demand for efficient sourcing and procurement solutions in retail.
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3.4 Challenges
- 3.4.1 Supply chain disruptions and vendor relationship management.
- 3.5 Regional Dynamics
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Chapter 4 : Global Retail Sourcing & Procurement Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Retail Sourcing & Procurement Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Retail Sourcing & Procurement : Competition Benchmarking & Performance Evaluation
- 5.1 Global Retail Sourcing & Procurement Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Retail Sourcing & Procurement Revenue 2023
- 5.3 Global Retail Sourcing & Procurement Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Ansoff Matrix
- 5.6 FPNV Positioning Matrix
Chapter 6: Global Retail Sourcing & Procurement Market: Company Profiles
- 6.1 Oracle Corporation (United States)
- 6.1.1 Oracle Corporation (United States) Company Overview
- 6.1.2 Oracle Corporation (United States) Product/Service Portfolio & Specifications
- 6.1.3 Oracle Corporation (United States) Key Financial Metrics
- 6.1.4 Oracle Corporation (United States) SWOT Analysis
- 6.1.5 Oracle Corporation (United States) Development Activities
- 6.2 Zycus Inc. (United States)
- 6.3 Sciquest (United States)
- 6.4 Ivalua Inc. (United States)
- 6.5 JDA Software Group (United States)
- 6.6 SAP SE (Germany)
- 6.7 GT Nexus (United States)
- 6.8 IBM Corporation (United States)
- 6.9 Proactis (United Kingdom)
- 6.10 Epicor Software Corporation (United States)
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Chapter 7 : Global Retail Sourcing & Procurement by Type & Application (2019-2031)
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7.1 Global Retail Sourcing & Procurement Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Global
- 7.1.2 Supply Chain
- 7.1.3 Vendor
- 7.1.4 Sourcing
- 7.1.5 Purchasing
-
7.2 Global Retail Sourcing & Procurement Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Retail
- 7.2.2 Logistics
- 7.2.3 Procurement
- 7.3 Global Retail Sourcing & Procurement Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Retail Sourcing & Procurement Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 8.1 North America Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
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8.2 North America Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Global
- 8.2.2 Supply Chain
- 8.2.3 Vendor
- 8.2.4 Sourcing
- 8.2.5 Purchasing
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8.3 North America Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Retail
- 8.3.2 Logistics
- 8.3.3 Procurement
- 8.4 North America Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 9.1 LATAM Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
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9.2 LATAM Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Global
- 9.2.2 Supply Chain
- 9.2.3 Vendor
- 9.2.4 Sourcing
- 9.2.5 Purchasing
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9.3 LATAM Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Retail
- 9.3.2 Logistics
- 9.3.3 Procurement
- 9.4 LATAM Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 10.1 West Europe Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
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10.2 West Europe Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Global
- 10.2.2 Supply Chain
- 10.2.3 Vendor
- 10.2.4 Sourcing
- 10.2.5 Purchasing
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10.3 West Europe Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Retail
- 10.3.2 Logistics
- 10.3.3 Procurement
- 10.4 West Europe Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
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11.2 Central & Eastern Europe Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Global
- 11.2.2 Supply Chain
- 11.2.3 Vendor
- 11.2.4 Sourcing
- 11.2.5 Purchasing
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11.3 Central & Eastern Europe Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Retail
- 11.3.2 Logistics
- 11.3.3 Procurement
- 11.4 Central & Eastern Europe Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
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12.2 Northern Europe Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Global
- 12.2.2 Supply Chain
- 12.2.3 Vendor
- 12.2.4 Sourcing
- 12.2.5 Purchasing
-
12.3 Northern Europe Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Retail
- 12.3.2 Logistics
- 12.3.3 Procurement
- 12.4 Northern Europe Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
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13.2 Southern Europe Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Global
- 13.2.2 Supply Chain
- 13.2.3 Vendor
- 13.2.4 Sourcing
- 13.2.5 Purchasing
-
13.3 Southern Europe Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Retail
- 13.3.2 Logistics
- 13.3.3 Procurement
- 13.4 Southern Europe Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 14.1 East Asia Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
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14.2 East Asia Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Global
- 14.2.2 Supply Chain
- 14.2.3 Vendor
- 14.2.4 Sourcing
- 14.2.5 Purchasing
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14.3 East Asia Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Retail
- 14.3.2 Logistics
- 14.3.3 Procurement
- 14.4 East Asia Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
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15.2 Southeast Asia Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Global
- 15.2.2 Supply Chain
- 15.2.3 Vendor
- 15.2.4 Sourcing
- 15.2.5 Purchasing
-
15.3 Southeast Asia Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Retail
- 15.3.2 Logistics
- 15.3.3 Procurement
- 15.4 Southeast Asia Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 16.1 South Asia Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Global
- 16.2.2 Supply Chain
- 16.2.3 Vendor
- 16.2.4 Sourcing
- 16.2.5 Purchasing
-
16.3 South Asia Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Retail
- 16.3.2 Logistics
- 16.3.3 Procurement
- 16.4 South Asia Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 17.1 Central Asia Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Global
- 17.2.2 Supply Chain
- 17.2.3 Vendor
- 17.2.4 Sourcing
- 17.2.5 Purchasing
-
17.3 Central Asia Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Retail
- 17.3.2 Logistics
- 17.3.3 Procurement
- 17.4 Central Asia Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 18.1 Oceania Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Global
- 18.2.2 Supply Chain
- 18.2.3 Vendor
- 18.2.4 Sourcing
- 18.2.5 Purchasing
-
18.3 Oceania Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Retail
- 18.3.2 Logistics
- 18.3.3 Procurement
- 18.4 Oceania Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Retail Sourcing & Procurement Market Breakdown by Country, Type & Application
- 19.1 MEA Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
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19.2 MEA Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Global
- 19.2.2 Supply Chain
- 19.2.3 Vendor
- 19.2.4 Sourcing
- 19.2.5 Purchasing
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19.3 MEA Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Retail
- 19.3.2 Logistics
- 19.3.3 Procurement
- 19.4 MEA Retail Sourcing & Procurement Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Retail Sourcing & Procurement Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Retail Sourcing & Procurement Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global Retail Sourcing & Procurement market is estimated to see a CAGR of 14% and may reach an estimated market size of 14% 10Billion by 2031.
According to the report,the Retail Sourcing & Procurement Industry size is projected to reach 10Billion, exhibiting a CAGR of 14% by 2031.
The changing dynamics and trends such as Increased Demand For Efficient Sourcing And Procurement Solutions In Retail. are seen as major Game Changer in Global Retail Sourcing & Procurement Market.
- Need For Efficient And Effective Sourcing And Procurement Solutions For Rising Globalization And Growing Business Complexities
- Rising Demand For Cloud-Based Contract Management Solution For Procurement
Some of the major challanges seen in Global Retail Sourcing & Procurement Market are Supply Chain Disruptions And Vendor Relationship Management..
Some of the opportunities that Analyst at HTF MI have identified in Retail Sourcing & Procurement Market are:
- Rising Government Investment In Supply Chain Automation And Increasing Retail Sourcing Requirements
- Rising Penetration Of Smart Devices In Different Applications
Oracle Corporation (United States), Zycus Inc. (United States), Sciquest (United States), Ivalua Inc. (United States), JDA Software Group (United States), SAP SE (Germany), GT Nexus (United States), IBM Corporation (United States), Proactis (United Kingdom), Epicor Software Corporation (United States) etc are the main players listed in the Global Retail Sourcing & Procurement Market Study.
Research paper of Global Retail Sourcing & Procurement Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Retail, logistics, procurement.
The Global Retail Sourcing & Procurement Market Study is segmented by Global, Supply Chain, Vendor, Sourcing, Purchasing.
The Global Retail Sourcing & Procurement Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - 2023; Base year: 2023; Forecast period: 2025 to 2031
Sourcing and procural processes are designed to evaluate and have interaction suppliers for getting goods and services. It includes processes like outsourcing, insourcing, world sourcing, and strategic sourcing among others. high adoption of cloud-based applications and mobile applications supporting procurement and sourcing processes. The technological adoption in sourcing and procurement methods for retail business is resulting in exaggerated competition in retail business because of a low barrier for tiny niche corporations to enter within the market and rising online sourcing and procurable services because of geographic proximity.
